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Abbott pays $27 per share for Facet Biotech

22 Apr 2010

Executive Summary

Abbott Laboratories has paid $27 per share (a 61% premium) to acquire PDL BioPharma spin-off Facet Biotech, for a total of $680.8mm.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Cash

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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